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RE: block.one – Statement Regarding the SEC’s Report on The DAO
"Further, the EOS tokens do not have any investment interests, are not designed for investment or speculative purposes, and should not be considered as a type of investment."
You are saying that EOS tokens are totally useless then ? They have no use other than a speculative use today, but if its not designed for speculation then why are the tokens being released as ERC20 tokens on the market ? What is their utility ? Wouldn't it be better to wait the release of the platform to release the tokens so they could have a use ? I'm not sure to understand why people are buying EOS tokens if it's not for speculation or investment as the token has no use yet.
It sounds like the lawyers are trying to play with words to keep the regulators off their backs.
My understanding is if you buy the tokens you have the right to run apps on EOS and because there's a limited supply they would go up in value.
They have a 5% inflation rate
Not necessarily.